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TPUC Staff Seeks Order Declaring That Large Customer Opt-Out Status From Securitization Uplift Charges Is Not Transferable To Another Entity
Re: Commission Staff’s Petition For Declaratory Order Regarding Opt-Out Of Securitization Uplift Charges By Transmission-Voltage Customers
Texas Public Utility Commission (TPUC) Staff filed a petition for a declaratory order seeking a TPUC order concluding that an entity’s opt-out status relieving such entity of Securitization Uplift Charges is not transferable to another entity.
Specifically, this petition “seeks a declaratory order holding that an opt out by a transmission-voltage customer pursuant to Public Utility Regulatory Act § 39.653(d) is not transferable to other entities.
“In accordance with PURA § 39.653(d), the Commission developed a process for certain entities to opt out of Securitization Uplift Charges. Although the Commission discussed certain methods by which such an opt-out election could be revoked, it did not explicitly address transfers in ownership by transmission-voltage customers.”
“Commission Staff contends that an opt out of Securitization Uplift Charges is specific to the transmission-voltage customer and its facilities at the time of opt out. In particular, an opt out from Securitization Uplift Charges is not a property right associated with a particular facility or that is transferable to another entity. Commission Staff seeks an order clarifying this issue
Staff Petition (01/11/2024)
56125 (01/11/2024)
(Petition for Opt out of Securitization Uplift Charges for Transmission-voltage Customer )
